STOCKHOLM (Reuters) – Sweden’s SBB claimed on Monday that its monetary establishment united state hedge fund Fir Tree Partners will surely end its lawful procedures in regard to recouping its persevering with to be 7.5 million euros of notes ($ 7.67 million) from the constructing crew.
Reuters reported in November that united state bush fund Fir Tree Partners was rising its notes and starting procedures versus SBB for monetary debt therapeutic.
Fir Tree and SBB didn’t immediately reply to an ask for comment.
($ 1 = 0.9775 euros)
(Reporting by Marie Mannes and Louise Breusch Rasmussen, modifying by Stine Jacobsen)
